Government Extends Free Yellow Peas Imports, Imposes 11% Duty on Lentils
The Indian government has extended the
duty-free import regime for
yellow peas until
May 31, 2025, while imposing a total
11% import duty on
lentils (masoor). The duty on lentils includes a
5% basic customs duty,
5% Agriculture Infrastructure and Development Cess, and
1% Social Welfare Surcharge, as per the
extraordinary gazette notification issued on
Friday.
Current Market Scenario: Pulses and Lentils
The
chana crop is expected to perform well this season, with farmers planting
chana over
9.85 million hectares, up from
9.58 million hectares last year. The overall
rabi pulses acreage also increased to
14.09 million hectares, compared to
13.78 million hectares previously. The
masoor (lentils) area remained flat at
1.74 million hectares.
- Chana Prices: Ranging from USD 0,64-0,73 per kg, depending on quality and variety.
- Chana MSP: USD 0,68 per kg for the 2025-26 marketing season.
- Lentils Prices: Local market prices are USD 0,71-0,73 per kg, below the MSP of USD 0,81 per kg.
Import Data: Yellow Peas and Lentils
India initially opened yellow peas imports in
December 2023 to stabilize supply and control prices. The policy, set to expire on
February 28, 2025, has now been extended until the end of
May. The total yellow peas imports exceeded
3.21 million tonnes, with
Canada being the largest supplier.
Concerns Over Yellow Peas Policy
Trade experts believe the
duty-free imports of yellow peas might impact the
chana market and disrupt
pulses pricing. With the
chana crop looking promising, the
IPGA urged the government to reconsider the
yellow peas import policy to avoid market imbalances.